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SUPREME COURT HOLDS THAT BUSINESS RUN BY KARTA OF HINDU UNDIVIDED FAMILY CANNOT BE PRESUMED TO BE A JOINT FAMILY BUSINESS

The 3-Judges Bench of the Hon’ble #SupremeCourt of India in the case of Kiran Devi vs Bihar State Sunni Wakf Board & Ors. [CIVIL APPEAL NO. 6149/2015], vide its Judgment dated 05.04.2021 held that a business run by #Karta of Hindu Undivided Family (‘#HUF’) cannot be presumed to be a joint #familybusiness. It was also reiterated in this case that the nomenclature under which the petition is filed is not relevant and it does not debar the Court from exercising its jurisdiction.


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https://theindianlawyer.in/supreme-court-holds-that-business-run-by-karta-of-hindu-undivided-family-cannot-be-presumed-to-be-a-joint-family-business/


#supremecourt #karta #hinduundividedfamily

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